A Manager Applied Leadership Theory to the Way That He

question 140

Multiple Choice

A manager applied leadership theory to the way that he directed the organization,and found some improvement in organizational performance.The manager noticed how some individuals seemed to flourish and perform better than others,and began to evaluate his own relationships with the individuals,rather than just the way he led the organization "in general." The manager's new concern would be an example of applied:

• A)systems and networks theory.
• B)vertical dyad linkage theory.
• C)social capital.
• D)external locus of control.

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Definitions:

Equilibrium Price

The price at which the quantity of a good demanded by consumers equals the quantity supplied by producers, leading to a state of market equilibrium.

Equilibrium Price

The cost at which the amount of a product that buyers want to purchase matches the amount that sellers are willing to supply, creating equilibrium in the market.

Marginal Cost

Marginal cost is the increase in total cost that arises from producing one additional unit of a product or service.

Total Variable Costs

The sum of all costs that vary directly with the level of production, such as materials and labor directly involved in the production process.